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Everyone has to make a lot of decisions every day, and we always hope to have something to support our decision-making so that we can try our best to reduce any uncertainties. That’s why information is important for all of us: They serve as evidence to help us establish fact-basedContinue reading “Hong Kong Offical Data Sources from Various Governmental Institutions”

On 21 December 2022, 22 students from the Kowloon True Light School visited The Chinese University of Hong Kong and participated in the Balance of Payment Teaching Case workshop prepared by 2 student helpers from the Department of Economics, Fan Tsz Ching and Lau See Ho. We made some adjustmentsContinue reading “Teaching Case – Balance of Payment for Kowloon True Light School at The Chinese University of Hong Kong”

In our previous blog post, we introduced 3 common measures of divorce. Both the crude divorce rate and the refined divorce rate of the United States show that the number of divorces in the U.S. has been declining. We now look at some factors affecting divorce.   Domestic Violence BowlusContinue reading “What Leads to Divorce? Some Economic Findings”

There has been a myth in the United States, which is that over 50% of the married couples in United States will end in divorce. If true, it will bring a lot of irreparable damages to children, families, and the taxpayers. Are we able to debunk the myth from theContinue reading “How Do We Measure Divorce Rates? Introduction of 3 Common Measures”

I. Introduction Gresham’s Law is a theory that predicts what will happen when two kinds of money circulate in an economy at the same time. However, the Gresham’s Law is conditional on certain circumstances. Outside of those circumstances, its predictions may not come true.   II. The Story of Gresham’sContinue reading “When Does Good Money Drive Out Bad Money”